4. Calculate the gross margin on the sale of the product for human use in March...
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4. Calculate the gross margin on the sale of the product for human use in March under the constant gross-margin percentage NRV method. 5. Suppose that the separation process also yields 300 pints of a toxic byproduct. Tivoli currently pays a hauling company $5,000 to dispose of this by product. Tivoli is contacted by a firm interested in purchasing a modified form of this by product for a total price of $6,000. Tivoli estimates that it will cost about $30 per pint to do the required modification. Should Tivoli accept the offer? 4. Calculate the gross margin on the sale of the product for human use in March under the constant gross-margin percentage NRV method. 5. Suppose that the separation process also yields 300 pints of a toxic byproduct. Tivoli currently pays a hauling company $5,000 to dispose of this by product. Tivoli is contacted by a firm interested in purchasing a modified form of this by product for a total price of $6,000. Tivoli estimates that it will cost about $30 per pint to do the required modification. Should Tivoli accept the offer?
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